Sofi Bank vs. Zynlo Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of SoFi Bank vs. Zynlo Bank
Key Metrics at a Glance
| Feature | SoFi Bank | Zynlo Bank |
|---|---|---|
| Top Savings APY | 4.50% SoFi Savings | 4.20% Tomorrow Savings Account |
| Minimum to Open | $0 | $10 |
| Minimum Balance for Top APY | $0 | $0.01 |
| Note | Limited offer: you can earn a 0.70% APY boost for 6 months, making the total APY 4.50%. This requires either a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account. |
SoFi Bank
Strengths
- SoFi Bank offers a higher APY of 4.50% compared to Zynlo Bank's 4.20%.
- SoFi Bank has a better App Store rating of 4.8 versus Zynlo Bank's 4.0.
- SoFi Bank has no maintenance fees, which is also true for Zynlo Bank.
Potential Drawbacks
- SoFi Bank's APY requires either direct deposit or a subscription for the full rate.
- SoFi Bank does not have any physical branches.
Zynlo Bank
Strengths
- Zynlo Bank has a lower minimum deposit of $10 for its Tomorrow Savings Account.
- Zynlo Bank has no direct deposit requirement, unlike SoFi Bank for full APY.
Potential Drawbacks
- Zynlo Bank's current APY is lower than SoFi Bank's 4.50%.
- Zynlo Bank has a lower Google Play rating of 3.5 compared to SoFi Bank's 4.1.
→ As of October 21, 2025 SoFi Bank offers an APY of 4.50% for its SoFi Savings account, with a minimum balance of $0, compared to Zynlo Bank's 4.20% APY for its Tomorrow Savings Account, with a minimum balance of $0.01.
→ SoFi Bank yields $30 more than Zynlo Bank on a $10,000 balance after one year. SoFi Bank pays $450, while Zynlo Bank pays $420 - an APY advantage for SoFi Bank.
Calculate Savings Growth for SoFi Bank vs Zynlo Bank
SoFi Bank - SoFi Savings
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewZynlo Bank - Tomorrow Savings Account
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, SoFi Bank's total earnings would be $195.8 higher than Zynlo Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare SoFi Bank's vs Zynlo Bank's Savings Accounts
| SoFi Bank | Zynlo Bank | ||
|---|---|---|---|
| Product | SoFi Savings | vs | Tomorrow Savings Account |
| APY | 4.50% (as of 10/21/2025) | 4.20% (as of 10/21/2025) | |
| Bundled Account | Yes | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $10 | |
| Minimum Balance for APY | $0 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No. Without direct deposit or "Qualifying Deposits" the APY will be significantly lower | No | |
| Note | Limited offer: you can earn a 0.70% APY boost for 6 months, making the total APY 4.50%. This requires either a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account. | ||
| App Store Rating | 4.8/5 | 4.0/5 | |
| Google Play Rating | 4.1/5 | 3.5/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 7 Months)
| SoFi Bank | Zynlo Bank | ||
|---|---|---|---|
| Product | SoFi Savings | vs | Tomorrow Savings Account |
| Latest APY | 4.50 % | 4.20 % | |
| Trend | Rising | Sideways | |
| Slope (bps/mo) | 8.6 | -0.7 | |
| Rate Changes / Mo | 0.14 | 0.14 | |
| Days Since Last Change | 40 | 12 | |
| High (-7 m) | 4.50 % | 4.35 % | |
| Low (-7 m) | 3.80 % | 4.20 % | |
| Draw-down from High | 0.0 % | -3.4 % | |
| Volatility (CV) | 0.069 | 0.008 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-7 m)
- Highest APY in the last 219 days.
- Low (-7 m)
- Lowest APY in the last 219 days.
- Draw-down from High
- How far today sits below the 7-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.